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How to create Reverse VAT to customer

 
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QuickBooks Team

Good to hear from you, panikumar.appala. The option to...

Good to hear from you, panikumar.appala.

The option to create a reverse charged VAT is unavailable in QuickBooks Online (QBO) International version. You'll need to manually reverse it through a journal entry. Then, you can consult your accountant on how to properly record it in your Online account.

Here's how to create a journal entry:
  1. Click the Create icon on the top menu.
  2. Choose Journal Entry under Other.
  3. Enter the information in the Account, Debits, Credits, Description, Name and VAT columns.
  4. Click Save.
I have a link here that contains articles about managing GST/taxes: https://community.intuit.com/browse/quickbooks-online-intl-taxes.

Please reply to this post if you need anything else with VAT. I'm here to help.